The Power of the Dow Jones Cycle
Stock-Markets / Cycles Analysis Nov 19, 2018 - 10:10 AM GMTOnce again the data confirms cycles exists in the market. Value and other fundamental investors must concede cycles are in the stock market. [You can learn more about our Hurst Cycle tools here].
Previous Post Kitchin Cycle warned of market volatility
In the past this blog has posted the chart below, the Kitchin cycle or 900 periods, and you can see its success.
The cycle source:
.."Joseph Kitchin (1861–1932) was a British businessman and statistician. Analyzing American and English interest rates and other data, Kitchin found evidence for a short business cycle of about 40 months.[1] His publications led to other business cycle theories by later economists such as Nikolai Kondratieff, Simon Kuznets, and Joseph Schumpeter"..
Now to prove this cycle is very important the Dow Jones cycle (880 periods is close to 900 within margin of error) also posted below.
The cycle says the time is to be aware of a down turn. Investors should keep an eye on Wyckoff price patterns for distribution. The massive rally from 2009 may be ending. Watching and waiting.
By request, Bitcoin cycle, low expected 2018Q4, 2019Q1
Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. To help you applying Richard Wyckoff and Richard Ney logic a wealth of knowledge is available via our RTT Plus membership.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
.."Don’t trust your own opinion and back your judgment until the action of the market itself confirms your opinion"..
Jesse Livermore Trading Rule
...“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”...
Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).
Unless you can watch your stock holding decline by 50 per cent without becoming panic stricken, you should not be in the stock market.
Warren Buffett
..“Bull markets are born on pessimism, grow on scepticism, mature on optimism and die of euphoria.”..
John Templeton
.."Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that moves markets"...
Stan Druckenmiller
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Readtheticker
My website: www.readtheticker.com
We are financial market enthusiast using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors
© 2018 Copyright readtheticker - All Rights Reserved
Disclaimer: The material is presented for educational purposes only and may contain errors or omissions and are subject to change without notice. Readtheticker.com (or 'RTT') members and or associates are NOT responsible for any actions you may take on any comments, advice,annotations or advertisement presented in this content. This material is not presented to be a recommendation to buy or sell any financial instrument (including but not limited to stocks, forex, options, bonds or futures, on any exchange in the world) or as 'investment advice'. Readtheticker.com members may have a position in any company or security mentioned herein.
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.